How Audit Pressure And Regulatory Scrutiny Make AI The New Standard For Governance

It automates evidence collection application-wide, learns from control history and continuously maps user behavior against ...

Why Audit Committees Should Demand QC 1000 Readiness In Their Audit Firm

Just as Sarbanes-Oxley compliance reshaped corporate governance for public companies, QC 1000 is designed to ensure that ...
JD Supra

CMS Announces Significant Changes to RADV Auditing Efforts: Considerations and Next Steps for the Medicare Advantage Industry

CMS’s latest announcement comes amid increased federal scrutiny of the MA Program, as its size and cost to federal taxpayers have increased over time. By one estimate, as of 2023, the MA Program ...
JournalofAccountancy

Lessons learned from the first year of SAS 145

Risk assessment is fundamental to audit quality. The AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 145, Understanding the Entity and Its Environment and ...
Accounting Today

The litigator's lens: A new perspective on audit risk management

Audit engagement risk is something all auditors think about and incorporate into their decisions, but recent research suggests that they might not be thinking about it as broadly as they should.
JournalofAccountancy

The New Audit Documentation Requirements

STATEMENT ON AUDITING STANDARDS (SAS) no. 96, Audit Documentation, marks the first big change in the requirements auditors must observe when documenting their audit work. It provides general guidance ...
Oneindia

Transforming Enterprise Configuration Management: Rashmi Bharathan Achieves Unprecedented Audit Excellence

Rashmi Bharathan improves audit compliance through standardised configuration management and ServiceNow automation, achieving ...